MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0038958
Vision Elevators Private Limited - machinery and equipment in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.27 Cr
▲ 18% YoY
Net profit · FY 2024
₹3.13 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹17.92 Lakh
EBITDA margin 4.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹66 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
6
Provident fund records
About Vision Elevators Private Limited
Data last updated:
Vision Elevators Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31501GJ2014PTC080955. Its GSTIN is 24AAECV9182D1Z8 (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shivlal Kamleshbhai Vekariya and Jigneshbhai Shivlalbhai Sipariya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sf – 232 Backbone Shopping Centre Mayani Chowk Chandresh Nagar Main Road, Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.27 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹3.13 Lakh (net margin 0.7%) and EBITDA of ₹17.92 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹66 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Vision Elevators Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0038958). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website visionelevators.in.
Company details
CIN U31501GJ2014PTC080955
Registration Number 080955
Incorporation Date 30 September 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0038958
Recognitions & Rankings of Vision Elevators
Contact details
Vision Elevators Private Limited's registered office is in Rajkot, Gujarat. Its website is visionelevators.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf – 232 Backbone Shopping Centre Mayani Chowk Chandresh Nagar Main Road, Rajkot, Gujarat, India – 360004
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Vision Elevators Private Limited, buy the company report.
Comprehensive company report
Vision Elevators Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vision Elevators is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Vision Elevators Private Limited, buy the company report.
Financials of Vision Elevators Private Limited
FY 2024 filings availableVision Elevators Private Limited reported revenue of ₹4.27 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹4.27 Cr ▲ 18%
Net profit · FY 2024
₹3.13 Lakh margin 0.7%
EBITDA · FY 2024
₹17.92 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 2%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 13%
5 years · compounded
▲ 27%
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 24% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹17.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Vision Elevators Private Limited, buy the company report.
Board of directors of Vision Elevators Private Limited
Vision Elevators has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivlal Kamleshbhai Vekariya Also directs: Speqta Engineers LLP, Prabhanu Private Limited | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
| Jigneshbhai Shivlalbhai Sipariya Also directs: Vision Bio Products India Private Limited | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Vision Elevators Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JB India Private Limited | ₹4.35 Cr (FY 2025) | 48.0% | Mehsana, Gujarat, India | |||
| Sky Elevators Private Limited | ₹4.28 Cr (FY 2017) | -13.0% | Pune, Maharashtra, India | |||
| Vision Elevators Private Limitedthis company | ₹4.27 Cr (FY 2024) | ₹3.13 Lakh | 0.7% | 18.0% | 6 | Rajkot, Gujarat, India |
| Alpha91kp Solutions Private Limited | ₹4.24 Cr (FY 2025) | 18.0% | Hyderabad, Telangana, India | |||
| Levis Elevators Private Limited | ₹4.2 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vision Elevators Private Limited, buy the company report.
Auditor
Vision Elevators Private Limited is audited by AIREN & SALUJA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AIREN & SALUJA | FY 2023 | 004588C |
Shareholding
The shareholding of Vision Elevators Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vision Elevators Private Limited, buy the company report.
Charges & borrowings
Open charges
₹66 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2021 | 100479831 | Others | ₹66 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Vision Elevators Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Ms Lavesh Finance Limited Through Its Authorised Signatory Tejas Sanjay Pawaskar | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by M/S Park Layer Private Co Ltd, Rep by Its HR Manager Mayil Vakanan, | Pending |
To see the full case history of Vision Elevators Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vision Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vision Elevators Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-40%
GST
Vision Elevators has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV9182D1Z8 | Gujarat | Active | 01 Jul 2017 |
| 23AAECV9182D1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAECV9182D1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vision Elevators Private Limited, buy the company report.
Recent activity
Vision Elevators Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Suryakanta Kothari ceased to be Director on 27 Apr 2023.
AGM
Vision Elevators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vision Elevators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Suryakanta Kothari ceased to be Director.
Ceased
Haresh Babubhai Kapuriya ceased to be Manager.
Ceased
Jayantilal Nanjibhai Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 66.00 Lakh with Charge ID 100479831 was registered on 17 Aug 2021.
Appointed
Jigneshbhai Shivlalbhai Sipariya was appointed as Director.
Appointed
Shivlal Kamleshbhai Vekariya was appointed as Director.
Incorporation
30 Sep 2014
Vision Elevators Private Limited was registered on 30 Sep 2014 with Roc Ahmedabad & aged 12 years 30 days as per MCA records.
Frequently asked questions
Vision Elevators is an active private limited company based in Rajkot, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 30 September 2014 (12+ years old) and is registered under CIN U31501GJ2014PTC080955.
Vision Elevators has 2 current directors:
- Shivlal Kamleshbhai Vekariya - Director
- Jigneshbhai Shivlalbhai Sipariya - Director
The latest financial statements of Vision Elevators on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vision Elevators is 24AAECV9182D1Z8, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAECV9182D1ZA (Madhya Pradesh), 27AAECV9182D1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Vision Elevators is U31501GJ2014PTC080955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vision Elevators has 2 court cases on record: 2 filed against it. 2 are pending.
Vision Elevators was incorporated on 30 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vision Elevators by revenue are JB India Private Limited, Sky Elevators Private Limited, Alpha91kp Solutions Private Limited, Levis Elevators Private Limited, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Suryakanta Kothari ceased to be Director on 27 Apr 2023. Haresh Babubhai Kapuriya ceased to be Manager on 01 Aug 2022. Jayantilal Nanjibhai Patel ceased to be Director on 07 Apr 2022. Vision Elevators has 5 board changes on record in total.
Yes, Vision Elevators is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0038958).
Vision Elevators can be reached through the website visionelevators.in. Its registered office is in Rajkot, Gujarat, India.